The Institute for Corporate Productivity recently completed a case study about Ford Motor Company’s Global Executive Leadership Program.
Leadership development programs contain multiple learning methods, but none impact growth and development to the same degree as experiential learning. When leaders directly address their most common challenges by actually making the tough decisions in real time and reflecting upon the results, they begin to forge behaviors and a long-lasting leadership skills at rapid rates.
It’s no secret that strong leadership is required for a company to achieve ambitious and aspirational goals. Increasing the collective capabilities of your leadership team is essential if you want your organization to continue to grow, to capitalize on opportunities, and to respond to an ever-changing and increasingly complex global business environment.
What is a culture of leadership development? It’s a culture where leaders are intentional about leadership growth all the time, not just during year end performance reviews. It’s a culture where everyone is aware of what they are learning, as well as what they are doing. It’s a culture where feedback is offered frequently and with positive intent: the intent to help another person grow. It’s a culture where leaders visibly take the time to mentor and support the development of others.
Mission driven nonprofits can teach us a lot about one of leadership’s most powerful levers: discretionary effort.
CHALLENGE Our client recently closed an acquisition of a company larger in size, with largely complementary products and global operations.
The pursuit of innovation is at an all time high. In the U.S. alone, 145 billion dollars are spent annually by enterprises in an attempt to disrupt the market within which they operate. Fostering innovation is the number one priority for global companies over the next three years.1